Episode
Making Cents of SVB’s Collapse With Mark Cuban and Sheila Bair
38:58
Published: Wed Mar 15 2023
Description
Could the Silicon Valley Bank collapse have been avoided? On this week’s podcast, we chat about how SVB’s risky investments lead to its eventual failure. We are joined by Sheila Bair, former chair of the FDIC, and Mark Cuban, entrepreneurial multihyphenate, to discuss where the regulation was for these banks, why we don’t bail out citizens like we do businesses, and what’s next for banks with similar investment strategies to SVB.Season 2 is now streaming on Apple TV+.CREDITS Hosted by: Jon Stewart Featuring, in order of appearance: Mark Cuban, Sheila Bair Executive Produced by Jon Stewart, Brinda Adhikari, James Dixon, Chris McShane, and Richard Plepler.Lead Producer: Sophie EricksonProducers: Zach Goldbaum, Caity Gray Assoc. Producer: Andrea BetanzosSound Engineer: Miguel CarrascalSenior Digital Producer: Freddie MorganDigital Producer: Cassie MurdochDigital Coordinator: Norma HernandezSupervising Producer: Lorrie BaranekHead Writer: Kris Acimovic Elements Producer: Kenneth HullClearances Producer: Daniella PhilipsonSenior Talent Producer: Brittany MehmedovicTalent Manager: Marjorie McCurryTalent Coordinator: Lukas ThimmSenior Research Producer: Susan Helvenston Theme Music by: Gary Clark Jr.The Problem With Jon Stewart podcast is an Apple TV+ podcast produced by Busboy Productions. https://apple.co/-JonStewart
Chapters
Former Chair of the FDIC, Sheila Bair, and former Treasury Secretary, Larry Summers, join for a talk about the Federal Reserve and inflation with the host of the show.
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Summary
Former Chair of the FDIC, Sheila Bair, and former Treasury Secretary, Larry Summers, join for a talk about the Federal Reserve and inflation with the host of the show.
EpisodeMaking Cents of SVB’s Collapse With Mark Cuban and Sheila Bair
PodcastThe Problem With Jon Stewart
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Summary
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EpisodeMaking Cents of SVB’s Collapse With Mark Cuban and Sheila Bair
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With thousands of smaller companies and employees relying on uninsured and uninsured payroll deposits, it's important to consider the downstream risks and backstop these deposits to ensure their safety.
10:27 - 15:15 (04:47)
Summary
With thousands of smaller companies and employees relying on uninsured and uninsured payroll deposits, it's important to consider the downstream risks and backstop these deposits to ensure their safety.
EpisodeMaking Cents of SVB’s Collapse With Mark Cuban and Sheila Bair
PodcastThe Problem With Jon Stewart
The recent bank run on Silicon Valley Bank resulting in billions of lost shareholder and bondholder money has raised questions about the unfair nature of the investment system in Silicon Valley as compared to the consequences everyday individuals face for similar financial failings.
15:15 - 19:36 (04:21)
Summary
The recent bank run on Silicon Valley Bank resulting in billions of lost shareholder and bondholder money has raised questions about the unfair nature of the investment system in Silicon Valley as compared to the consequences everyday individuals face for similar financial failings.
EpisodeMaking Cents of SVB’s Collapse With Mark Cuban and Sheila Bair
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Summary
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EpisodeMaking Cents of SVB’s Collapse With Mark Cuban and Sheila Bair
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Discussion of how the banking system is designed to bail out larger banks and ignores smaller investors, creditors, business owners and homeowners; the failures of the Fed and regulations that could have contributed to these issues.
EpisodeMaking Cents of SVB’s Collapse With Mark Cuban and Sheila Bair
PodcastThe Problem With Jon Stewart
The trust in the financial system needs to be fixed before any bailouts or investments can be made.
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Summary
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EpisodeMaking Cents of SVB’s Collapse With Mark Cuban and Sheila Bair
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Summary
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EpisodeMaking Cents of SVB’s Collapse With Mark Cuban and Sheila Bair
PodcastThe Problem With Jon Stewart
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37:35 - 38:36 (01:01)
Summary
Mark Cuban discusses financial regulations and the need for raising insurance limits for individuals in banks. Sheila Bair, former chair of the FDIC also joins the conversation.